Behind the lists, real obstacles for borrowersBakersfield Californian (subscription), CA - 7 hours agoLenders classify nearly all of California as a declining market, said Steve Hops, a San Diego-based mortgage professional and a boardmember for the …
Clinton, Obama plans to address foreclosure crisisAkron Beacon Journal, OH - 1 hour ago_ Pass the Mortgage Refinancing Initiative Act to empower state housing agencies to spend $10 billion to convert unworkable mortgages into affordable loans. …
Fremont Loses Over Half of Value on Capital WoesReuters - 2 hours agoN: Quote, Profile, Research) shares lost more than half their value on Friday after the company, once one of the 10 largest US subprime mortgage lenders, …Fremont General may sell itself amid capital woes ReutersAuthor : Fremont General Corporation EarthtimesFremont General may sell itself amid capital woes Guardianall 25 news articles
LA man charged in mortgage scamBizjournals.com, NC - 52 minutes agoHe was arrested Thursday in California. Yass solicited homeowners who were going through foreclosure proceedings. He told them that for a fee he could help …
California job growth slows to a crawlLos Angeles Times, CA - 1 hour agoCollateral damage in the finance sector, which includes mortgage lending, cost another 35300 jobs. And manufacturing continued its decade-long slump, …
Home ComfortsForbes, NY - 1 hour agoMortgage companies are hurting right now. People are being laid off. But the fact is the conditions in the market are extremely favorable to anybody who is …
One week ago, my forecast did not come to pass for a euro currency selloff, and for a pound sterling selloff. Even the Aussie Dollar forecast of a selloff failed. In fact, in a convincing fashion, all three forecasts were shattered. What happened? Wrong read of the price pattern with indicators?
Pimco's Gross Plans to Buy Municipal, Mortgage Debt (Update3)Bloomberg - 1 hour ago29 (Bloomberg) — Bill Gross, manager of the world's biggest bond fund, plans to invest in municipal bonds and mortgage loans as banks' reluctance to lend …
Fitch Rates $328.6MM Lehman Mortgage Trust Mtge PT Ctfs 2008-2Business Wire (press release), CA - 43 minutes agoIn addition, the ratings reflect the quality of the mortgage collateral, the strength of the legal and financial structures, the master and primary …Fitch Rates Wells Fargo's $671MM PT Ctfs Series 2008-AR1 FOXBusinessFitch Rates $307.8MM CMSI REMIC PT Ctfs Series 2008-1 Business Wire (press release)all 29 news articles
Another lender votes with its moneyBoston Globe, United States - 4 hours agoWells Fargo & Co., one of the nation's largest lenders, quietly sent mortgage brokers this week a list of areas where it believes real estate prices are …